2017 How to build a budget and simple ways to group and look at your money.
A budget is a very powerful tool for living and anyone can build one! I feel so much more in control of my life when I know what my numbers are: what is coming in and what is going out.
Do you know what your numbers are? I remember speaking to a friend and she stated that she was living day to day, and was actually afraid of knowing what her numbers were. She thought that if she did not know, she would not have to face it. However, I encouraged her to find out, because not knowing was what was really causing some of her much anxiety. She did, and was able to correct course on spending and plan her life accordingly, without spiraling more into greater money issues.
In the next coming weeks, I will be producing the bones of Budget Building...one that you can follow. Keep coming back for the budget building blocks to help you in managing your life.
Let's begin:
First...
1. Decide that you want to get your financial house in order.
2. Quantify in writing how much money comes in and goes out on a monthly basis (all of it).
SUPER IMPORTANT: Be real about how much you are really spending; don't leave anything out.
.... more to come ....
